Business Studies: The First Step Towards Successful Entrepreneurship

Business studies gives you the option of either becoming a self-employed (an entrepreneur) or work with a company of any industry. When it comes to being self-employed, a lot of us are afraid of setting up a business because there won’t be any guarantee of positive return on investment (ROI). 

But do you actually need to do business studies if you want to become an entrepreneur? Yes and no. It is all a matter of preference. 

Business studies in a nutshell

Business studies is an academic subject that is taught at higher levels in many countries and it combines the elements of accountancy, finance, marketing, organisational studies and economics.Basically, the skills gained on a business studies degree allow you to build commercial awareness and start contributing to your chosen employer quickly and effectively.

A business and management studies degree prepares you for a career in business, which may stretch across any sector or industry. Industries as diverse as chemicals, utilities, fashion, health, grocery and construction all require functional managers with a clear understanding of systems, efficiency and operational issues. 

Transferable skills gained in course:

• An understanding of organisational behaviour and structure.
• Analytical and critical thinking.
• A creative approach to problem-solving.
• Decision-making.
• Persuasive written and oral communication.
• Numeracy and the ability to research, interpret and use business and financial data.
• Self-reliance, initiative and the ability to manage time, projects and resources.
• Appreciation of the causes and effects of economic and other external changes.

You will discover how businesses operate and learn about their key elements and essential business functions. This knowledge, and the holistic understanding offer an excellent foundation for those wishing to pursue careers in management, marketing, project management, business accounting, management consultancy, human resources, and business journalism, as well as those interested in becoming self-employed or continuing on to further study (MBA). Visit http://bit.ly/BizCourses for a list of business courses.

(Cover photo source: youtube.com)